About your Search

20121001
20121031
Search Results 0 to 9 of about 10 (some duplicates have been removed)
year-and-a-half. he is saying that the fiscal cliff for the u.s. is taking up time at the imf talk this morning and problems in spain. new breaking numbers out of what black rock is saying about the contraction in the united states economy if we go over the fiscal cliff. new numbers saying up to 5% contraction. that would wipe out 1 panth% gdp growth and contract the u.s. economy by 3% more. meaning $807 billion ticking out of the u.s. economy pretty much immediately. he is saying that yes, the markets are not pricing in at correction. they're not pricing in, the u.s. going over the fiscal cliff. they are expecting 11th hour rescue. the federal reserve is printing money and easing the way. he said it would undo the monetary money printing right now. we have to walk out for this. jittery market for next quarter. >> neil: this is why we call you wicked smart. all right. thank you very much. >> sure. >> neil: she is the "b" in fbn, the brains of fox business network. to put what she said in perspective, they try to talk about getting behind the market and mba soothsayers and the harva
something about the debt, 2/3 of the $16 trillion is owned by u.s. investors, it is owned by its -- by the social security trust fund, we are essentially -- weeds are the problem. we as a nation are the problem. >> neil: wait, you are saying we owe it to ourselves. >> yes. >> neil: then we don't have to pay it. >> china owns less than 8% of our national debt and that includes the federal reserve, 2/3 of that... is u.s. investors -- >> that is bad. >> neil: why is that bad? because... >> we're the ones, if we are willing to buy it, we'll continue to drive it higher. >> it is funneled back to the treasury and a lot of people buy the scam, there is no -- >> it is a scam. the dollar means nothing. >> it's the fed, social security. >> investors, but -- that is what i just said. it is bad... >> neil: at that point, it is a scam and it is ours. what do you make of that? in the end, that is what it comes down to, the world is onto our scheme and we are onto the ponzi scheme and it seems to be working and has been going smoothly. and, waiting for godot, do we put it off and don't worry ab
, dagen mcdowell and adam lashinsky, dr. payne, great to have you back. >> good to be here. >> the u.s. government is flat bro, but the public isn't broke, that's the shame our average share of the debt that he government wildly throws away and spends like crazy and can't put on your, on any kind of control of, but this is where we are, this is the inflection point, where we are, at the moment of truth where we keep running this up we're asking americans you want the total to be more than that. essentiallwe've become a total welfare country, a total welfare state unless somehow the american public puts their foot down, government won't do it. >> what i don't like about it, it does put it in a darkly human maybe selfish conscious, this is our share, to folks abroad. >> just to folks abroad. but two-thirds of our debt is held by. >> we owe ourselves. you figure you owet yourself -- well, i'm not going to say it. this i have to pay. >> and what you have to pay back. goodpoint, but in order to fix it people are going to have to give up something, whether it'some tax break, whether it's spe
Search Results 0 to 9 of about 10 (some duplicates have been removed)